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Wipro reports 10% rise in its Q1 net profit

20 Jul 2011 Evaluate

Wipro has reported results for its first quarter ended June 30, 2011

The company’s net profit for the quarter has surged by 9.85% at Rs 1219.30 crore as compared to Rs 1110.00 crore for the quarter ended June 30, 2010. Its total Income has increased by 23.08% to Rs 7521.70 crore for the quarter under review from Rs 6111.00 crore for the corresponding quarter of the previous year.

On Consolidated basis, the Group ‘s net profit has registered a gain of 1.24% at Rs 1334.90 crore for the quarter ended June 30, 2011 as compared to Rs 1318.60 crore for the quarter ended June 30, 2010. Its total Income has increased by 19.15% to Rs 8783.20 crore for the quarter from Rs 7371.50 crore for the similar quarter of the previous year.

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